By Robert Romano The New York City District Attorney’s Office with its reported imminent indictment— Fox News is reporting an arraignment could come as soon as next week —of former President Donald Trump, a political opponent who is once again running for president in 2024, using a creative reading of the law on non-disclosure agreements, is just the latest in […]

By Robert Romano Since the beginning of 2020, marketable U.S. treasuries have increased by $7.5 trillion as the total national debt ballooned to $31.4 trillion, and mortgage debt has increased by $2.4 trillion to $11.92 trillion, according to the latest data compiled by the U.S. Department of Treasury and the New York Federal Reserve . Of the $7.5 trillion, $3 trillion was […]

  By Robert Romano Despite taking action to put Silicon Valley Bank and Signature Bank into receivership under provisions of federal law in the 2010 Dodd-Frank financial legislation by the U.S. Treasury, Federal Reserve and FDIC on March 12— as much as $230 billion of uninsured deposits in these two banks are now being guaranteed —regional bank stocks have continued tanking amid a […]

By Robert Romano If anything has a knack of making presidents in otherwise commanding positions into one-term presidents, it is recessions of the U.S. economy. Just ask Herbert Hoover, who lost in a landslide in 1932 during the Great Depression as unemployment reached 25 percent . That had been preceded by outright […]

By Robert Romano Consumer inflation the past 12 months has increased 6.0 percent, down from 6.4 percent a month ago— a 0.8 percent increase from Feb. 2022 just fell off the 12-month chart reading —according to the latest data compiled by the Bureau of Labor Statistics as the Federal Reserve continues to eye further rate hikes in order to tame what has been persistent inflation. A 2 percent decrease in […]

By Robert Romano Amid a spectacular banking crash over the weekend, the Federal Reserve and U.S. Treasury have intervened to guarantee $230.6 billion of uninsured deposits at Silicon Valley Bank (SVB) totaling $151.6 billion in California and Signature Bank in New York totaling $79 billion. It goes without saying this is a terrible precedent. There are $20.8 trillion of  checkable and time and savings deposits of which $1 trillion is said to be uninsured —that is, those in […]

By Robert Romano The White House Office of Management and Budget (OMB) in the now-released President’s Budget is projecting just 0.6 percent in inflation-adjusted real growth of the U.S. economy in 2023 as the unemployment rate is expected to rise to 4.3 percent in 2023 and peak at 4.6 percent in 2024 […]

By Robert Romano The Cybersecurity and Infrastructure Security Agency (CISA), the censorship agency everyone has been talking about, has scrubbed its Misinformation, Disinformation and Malinformation (MDM) webpage, https://cisa.gov/mdm to remove any mentions of interacting with “appropriate social media platforms” to “route disinformation concerns”. How malinformative, to use the […]

By Robert Romano After Benjamin Netanyahu secured 64 seats in Israel’s legislature, the Knesset, in Nov. 2022 , leading to his sixth term as the country’s prime minister, one of the major domestic policy pushes has been to reform the country’s judiciary to give the ruling party more power to make appointments via the Judicial Selection Committee by […]

By Robert Romano 58 percent and 62 percent of Democrats in two separate polls say President Joe Biden should not seek re-election in 2024, according to two separate polls, ABC News-Washington Post and Associated Press-NORC polls, both taken in late January. Only 31 percent and 37 percent of Democrats say he should […]

By Robert Romano In Aug. 2022, after requests from the U.S. State Department to resume nuclear strategic arms inspections in June 2022 under the terms of the 2010 New Strategic Arms Reduction Treaty (START)— inspections were mutually suspended in March 2020 as a result of the Covid pandemic, according to the U.S. State Department —Russia announced that it would not allow for on-site inspections. According to a Jan. 2023 report by the State Department , “Report to […]

By Robert Romano The spread between 10-year treasuries and 2-year treasuries, often a reliable recession predictor,  has been inverted since June 13 , following another brief inversion on March 31 following Russia’s invasion of Ukraine and the worsening global supply crisis that has led to crushing consumer inflation the past year, which still remains elevated at 6.4 percent over twelve months […]

By Robert Romano Former President Donald Trump, Republican candidate for president in 2024, is proposing automatic reciprocal trade tariffs on goods from foreign trade partners in response to competitive currency devaluations including China, the trade in goods deficit which rose $30.4 billion to $382.9 billion in 2022, […]

By Robert Romano Former President Donald Trump, who is once again running for president as a Republican in 2024, has promised in a video post on Truth Social to ban via executive order and changes to federal law Environmental, Social and Governance (ESG) retirement investments that have led to divestment from traditional U.S. energy […]

By Robert Romano A draft World Health Organization (WHO) Pandemic Agreement, released on February 1, would make U.S. sovereignty to make its own decisions about public health and pandemic management provisional, “provided that” the U.S. response and activities “do not cause damage to their peoples and other […]